Digitalglobe

May 4 (Reuters) - Satellite imagery company GeoEye Inc offered to buy rival DigitalGlobe Inc for $792 million in a stock-and-cash deal. The proposed transaction offer DigitalGlobe shareholders $8.50 per share in cash and 0.3537 shares of GeoEye stock for each share held. The deal is valued at $17.00 per share, a premium of 26 percent to DigitalGlobe Thursday close.

(Reuters) - For satellite imagery provider DigitalGlobe Inc, a $400 million-a-year global market awaits as soon as the United States relaxes regulations on the sale of higher-resolution images. That day cannot come soon enough for the only provider of commercial satellite images in the United States. Until then, DigitalGlobe cannot use its technology to full effect, Chief Financial Officer Yancey Spruill told Reuters in an interview. "There is a market opportunity...

Oct 30 (Reuters) - DigitalGlobe Inc, which supplies satellite imagery to U.S. intelligence agencies, posted third-quarter results above market expectations and raised its full-year sales forecast for the third time this year. The company, which said in July that it would buy smaller rival GeoEye Inc for $453 million, expects revenue growth of 18 to 21 percent for the full year, up from its earlier view of 16 percent growth. DigitalGlobe's profit for the...

TAMPA/WASHINGTON (Reuters) - The U.S. intelligence community has thrown its support behind a bid by commercial space imagery provider DigitalGlobe Inc to sell higher resolution images from its satellites, the leading U.S. intelligence official said Tuesday. DigitalGlobe has pressed the government for years to allow it to sell such imagery but U.S. government agencies worried that giving public access to them could undermine the intelligence advantage they have from...

WASHINGTON (Reuters) - DigitalGlobe Inc and GeoEye Inc on Friday welcomed a decision by the Senate Armed Services Committee to authorize continued funding for commercial imagery purchases, a move that sent the two companies' shares sharply higher. Shares of DigitalGlobe rose as much as 10 pct while those of GeoEye jumped 9 percent in response to the first positive news for the sector in quite a while. Both DigitalGlobe and GeoEye provide digital imagery...

JERUSALEM (Reuters) - A research center that Syria said had been hit by an Israeli air strike last week appears to have remained unscathed in the attack, according to satellite images broadcast by Israeli television on Wednesday. Diplomats, Syrian rebels and security sources said Israeli jets had bombed a convoy near the Lebanese border last week, apparently hitting weapons destined for the Lebanese militant group Hezbollah, which fought a 34-day war with Israel in...

WASHINGTON (Reuters) - A new satellite image shows a marked increase in activity at a North Korean missile launch site, pointing to a possible long-range ballistic missile test by Pyongyang in the next three weeks, according to satellite operator DigitalGlobe Inc. The imagery was released days after a Japanese newspaper, the Asahi Shimbun, reported that U.S. intelligence analysts had detected moves that were seen as preparation by North Korea for...

CAIRO - Opponents of President Mohamed Mursi clashed with Cairo police on Tuesday as thousands of protesters around the nation stepped up pressure on the Islamist leader to scrap a decree they say threatens Egypt with a new era of autocracy. - - - - BEIRUT - Syrian war planes attacked towns in the country's north and east and killed at least five civilians in a strike on an olive oil press as fighting raged in the capital Damascus on Tuesday, opposition...

May 7 (Reuters) - Satellite imagery company GeoEye Inc said on Monday it was disappointed that rival DigitalGlobe Inc has rejected its takeover offer and is considering its options. Shares of both companies were down in morning trading, with DigitalGlobe off 6 percent. DigitalGlobe, which has a larger market capitalization than GeoEye, had said on Sunday that GeoEye's hostile $792 million takeover bid substantially undervalued it and its financial prospects.

Oct 30 (Reuters) - DigitalGlobe Inc, which supplies satellite imagery to U.S. intelligence agencies, posted third-quarter results above market expectations and raised its full-year sales forecast for the third time this year. The company, which said in July that it would buy smaller rival GeoEye Inc for $453 million, expects revenue growth of 18 to 21 percent for the full year, up from its earlier view of 16 percent growth. DigitalGlobe's profit for the...